Intact Financial Corporation (IFC), the Financial sector company was revisited today, yet the Wall Street analyst remains currently on the sidelines. Analyst Douglas Young from Desjardins remains neutral on the stock and has a C$104 price target.
According to TipRanks.com, Young is a 4-star analyst with an average return of 4.6% and a 61.2% success rate. Young covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Toronto Dominion Bank.
Currently, the analyst consensus on Intact Financial Corporation is a Moderate Buy with an average price target of C$113.
Intact Financial Corporation’s market cap is currently C$14.36B and has a P/E ratio of 21.8. The company has a Price to Book ratio of 2.09.
Intact Financial Corp. engages in providing property and casualty insurance in Canada and specialty insurance in North America. It operates through the following business segments: Canada Insurance, U.S. Insurance, and Corporate and Other.
The company’s shares closed on Wednesday at C$103.11.
